Bits Bucket for October 19, 2015
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The Housing Bubble
Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.
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Name:Ben Jones
Location:Northern Arizona, United States
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How bad is the REAL China growth picture?
“China growth”
Manufacturing in decline. Electricity in decline. $1Tr a year fleeing the country. All their commodity plays are busted. Mounting unrepayable debts in the steel industry.
That growth?
I was wondering about the reported 6.9% GDP growth. Is 0.1% considered a big miss?
Does anyone actually believe the 6.9% number? California exports are down 9% YoY because China’s buying fell off a cliff… how can you have high growth if you stop importing commodities or manufactured goods?
If you stop importing, you increase demand for home production.
I suppose China could pivot from a manufacturing exporter to a mostly domestic service and financial economy (like the US did), but there’s little sign of that occurring and it would takes years to unfold.
“Does anyone actually believe the 6.9% number?”
I know somebody that does. He’s not around any more though.
http://money.cnn.com/2015/10/19/investing/china-economy-gdp/index.html
Sir Richard Branson…UN…Stop the War on Drugs….One country is pressuring the UN to not to release the report…Whats your best guess what country that would be ??
http://www.virgin.com/richard-branson/time-to-end-the-war-on-drugs
Whats your best guess what country that would be ??
Alex, I’d like American Exceptionalism for $1000
The poors are being pushed out of London due to high property costs.
http://news.yahoo.com/gritty-patch-london-upgrades-poorer-locals-pushed-092736938.html
What are “social residents?”
People who live in public housing.
The poors are being pushed out of London due to high property costs.
Who’s gonna wait on tables at Whetherspoons?
Displaced Syrians.
Diversity is our strength.
http://www.telegraph.co.uk/news/uknews/terrorism-in-the-uk/11940308/Extremist-infiltration-in-hospitals-schools-and-civil-service-to-be-investigated.html
WTF…the crony capitalism is rather blatant among “our” Ukrainian allies. How many more billions of US taxpayer dollars will disappear into the black holes these oligarchs and their cronies are creating?
http://www.independent.co.uk/news/world/europe/yulia-marushevska-26-year-old-poster-girl-of-ukrainian-revolt-made-head-of-customs-at-crime-ridden-a6699106.html
Russia and Eastern Europe (among many other countries) are notorious for low-level corruption. One glaring example was the bribes and kickbacks which flowed freely during the construction and prep for the Sochi Olympics. It was so bad that company budgets created a line item expense specifically for palm grease.
This is why everybody wants to come to America or Western Europe. They want to bring that corruption here. They know that we are sitting ducks and they could bleed us dry before we got wise.
+1000
It is a way of life in 3 world countries. They are so used to getting things done thru bribing that it is second nature to them. Yes I think low level corruption will come to America. I am surprised it has not already happening.
Which is hilarious, as I watch the H1B techies coming into my neighborhood and buying teardowns - no, you can’t just pay off the right guy from the city to make all of the rules go away! They have no idea of the leviathan that is the local government planning department.
Yes, you have to build a $75K stormwater detention vault (on your own property) in order to build a house there, and no, there is nobody that you can pay off to get around that. Oh, and you can’t cut down the trees either, as they are “heritage” or “legacy” trees (of certain diameters).
In our country, the bribery and corruption are at a much higher level, primarily between government and big business (or big property owners/developers). The downtown Seattle tunnel fiasco is a prime example - it gives the gift of a highway-free waterfront to the property owners who can’t wait to build midrise luxury condos there, at taxpayers’ expense.
From “$250k for just design costs” to a $75k vault.
Keep your stories straight.
Two different properties HA, so two different stories. The $240K detention vault is for the 4-lot short-plat behind me which was a full acre parcel (the first $1M+ house is already finished, sold, and being lived in).
The $75K vault (estimate based upon other new houses in my neighborhood where this has been done) is for the half-acre teardown a couple of lots down the same street on the opposite side of my house. This property will probably only have one house built on it due to the draconian city development rules (two potential buyers spent several months earlier this year trying to get a 2 lot short-plat to pencil out, but neither could).
Right-O. It’s always a different story.
The reality is stormwater precast is going for $1/gal of flow equalization.
You’re making up stuff my friend.
Interesting. I recently began reading the book By Roberto Saviano on which the film Gomorrah was based. He writes about the corruption at the port of Naples, Italy. I believe that Saviano had a price on his head not long after the book was published.
I sincerely hope this young lady has very good bodyguards.
Trump calling out Jeb on his support for open borders and the role lax immigration controls and enforcement played in 9/11.
http://www.breitbart.com/big-government/2015/10/18/flashback-jeb-bush-admitted-leaky-immigration-led-911/
——————-
Registered Sex Offender Sues Halloween Safety Program
Bellucci filed the suit after she says her client, a registered sex offender in Chula Vista, was told to post a flier on his home on Halloween saying “We Do Not Participate in Trick or Treating.”
A registered sex offender who spoke to NBC7 anonymously felt the sign is appropriate because it doesn’t mention any charges. “I kind of understand where they’re coming from,” he said. “It helps keep them away so there’s less chance of children saying something happened.”
According to the “Operation Boo” website, requirements for sex offender parolees include a 5 p.m. to 5 a.m. curfew on Halloween. Their lights must also be off so they don’t attract children, but there’s no mention of having to post the sign.
Source: http://www.nbcsandiego.com/news/local/Registered-Sex-Offender-Sues-Halloween-Safety-Program-333742971.html#ixzz3p10YD0Aq
——————–
Can non-sex-offenders get one of these signs? I’d like one too. Around here, Halloween has become just one giant candy grab. They don’t even bother with costumes anymore.
The signs and curfew apply to those HBB’ers who constantly accuse others of being “Lola” or “Liberace.” Clearly they are projecting an inner desire when they do that, better keep the kids away.
lol@Lola
Hope you get treatment for your multiple personality disorder “Lola” “ProxyServer” etc etc
lol@ Lola
Lolas gonna Lol. Halloween is a pretty good metaphor for the WPA FSA. Give us candy or we’ll make your neighborhood scary and vandalize.
I presume you never Trick or Treated as a kid
lol@hypocrites
Falling housing prices my friend. Falling housing prices.
Denver, CO Housing Prices Crater 7% YoY; US Housing Demand Falls To 20 Year Low
http://www.movoto.com/denver-co/market-trends/
True dat.
Oxide, why not give candy only to those in costume?
Tell the others they aren’t getting any candy.
They don’t like it? Tough.
Small single woman vs. a gang of 4 burly teens. “They don’t like it, tough…” are you kidding me? I gave them twice as much. Not this year. This year I’m going out.
oxide
We’re going out too. Not to sound like a debbie downer, but my days of doing for ungrateful greedy TOTers is over.
how many immigrants to add to Germ before they tumble into recession?
a. not many
Unless there’s a miracle, Europe is finished, pretty much.
https://www.youtube.com/watch?feature=player_detailpage&v=5bfHGBzxT1Q
to Germ before they tumble into recession ??
If Germany goes into recession I think the whole euro may become unbuttoned…
With VW on the ropes I’d say that a German recession is guaranteed.
King Obama signed the Iran deal yesterday. Neocons gonna neocon.
Neocons agenda is to kill, lie, manipulate, steal and destroy.
Iran is the 18th largest country by land area and the 17th largest by population in the world. How much will the preemptive bombing and ground invasion (that Mike Huckabee, Lindsey Graham, Ted Cruz, Tom Cotton, John McCain all want) cost American taxpayers?
I think they don’t care what the cost is to American taxpayers or of human lives. Just ask the Neocon leader Netanyahu or Billy Krystal and Adelson etc
They are blind to humanity. JMO
Add Marco Rubio to your list of Iran war proponents. And Donald Trump in 2007 said, “I believe you have to go in and strike Iran.”
Now that Scott Walker has been sent back to Wisconsin, Marco Rubio is Sheldon Adelson’s new buttboy.
I have yet to hear any explanation from the “conservative” posters on this blog of how they justify voting for candidates purchased by people whose primary allegiance is not to the United States, but to Israel.
Ted Cruz, Ben Carson, Jeb Bush, Carly Fiorina, Rick Santorum and Mike Huckabee spoke to an audience of thousands yesterday at the Prestonwood Baptist Church in Plano, Texas to “rally the base.”
This “base” is who William Kristol affectionately calls the “stupid f*ing goyim.”
Neocons gonna neocon.
Noe-cons don’t look at the price tags when they shop,
“Deficits don’t matter” D. Cheney.
Trump is going to deport 11k a day, I imagine the attorneys are super excited! lol!
Neocons agenda is to kill, lie, manipulate, steal and destroy.
And that’s just before lunch!
Considering the net result of Hillary’s most recent government service, I’d have to lump her in with that group as well.
There’s no doubt she’s a neo-con, she’s just a neo-con who is the darling of feminists.
It takes a village to bomb a child.
Washington Post: “An African asylum seeker was shot by an Israeli guard who mistook him for an assailant and was then kicked by a mob as he lay bleeding before he died”
This is the neocon way.
This is what you are voting for when you elect Ted Cruz and Mike Huckabee.
And that’s just before lunch! ??
LOL….
The neo-con playbook was spelled out in “A Clean Break: A New Strategy for Securing the Realm (Israel, obviously, not the US). The neo-cons have slavishly adhered to this plan, at a staggering cost in American blood and treasure. Google it sometime.
https://en.wikipedia.org/wiki/A_Clean_Break:_A_New_Strategy_for_Securing_the_Realm
+1
Recently revealed that Tony Blair and W were privately planning the illegal war as early as March 2002, with Blair promising UK support for this criminal invasion.
Neocons gonna neocon.
You guys are far more libertarian than Facebook. Kudos.
Hillary did well in the debate! Hillary is up in the polls!
Better have another Benghazi hearing to try to drag her down.
Doncha love it when “fiscal conservatives” waste $15 million on fake hearings for political purposes?
The country is at a pivotal point that electing someone like Hillary will be quite detrimental to the US and the American way of life.
The last thing this country needs is a Hillary or Jeb.
You are such a troll.
The country is at a pivotal point that electing someone like Hillary will be quite detrimental to the US and the American way of life.
Handing over all three branches of the government (President, Congress and Supreme Court) will be far more detrimental to America. It will be the death knell of the middle class. Deficits will soar as the neocons start up another ground war…
You are such a troll.
I’m sure you say that to anyone who has a different viewpoint than yours.
We need 20% less turnout than even 2014. That will be enough to e people do not consentshow
I can never vote neo-con, they are so fiscally irresponsible it blows my mind. Then they claim they want less gov and less spending. uhg!
Is that sarcasm? Neo cons are by no means fiscally conservative. Where have you been since George H Bush and the New World Order speech? And I count Hitlary and Obozo as part of the Neo con community.
SNL hit a home run o the Democratic Debate 2015. Hilary and Bernie were hilarious.
https://www.youtube.com/watch?v=pfmwGAd1L-o
Obamacare Falls Short on Sign-Ups While Co-Op System Crumbles
By Ironman Follow Sun, 18 Oct 2015, 7:46am PDT
The big health news last week was that the Affordable Care Act appears to be losing steam and the Obama administration is predicting a modest increase at best in the number of Americans who will enroll with private insurers next year.
Health and Human Services Secretary Sylvia Mathews Burwell announced on Thursday that an estimated 10 million Americas would be covered by Obamacare by the end of 2016, an increase of roughly 100,000 over the current year’s enrollment.
That’s a lot lower than many were expecting. The Congressional Budget Office in June predicted 20 million Americans would be covered by the end of next year.
(Oops… Missed it by 50%…)
The administration forecast is worrisome for a program that has suffered more than its share of bumps and bruises and legal challenges since its near-disastrous rollout in 2013. It suggests that Obamacare may face even bigger challenges in attracting a new wave of uninsured while hanging on to those currently enrolled in the program.
But an even more troubling development in President Obama’s signature health care plan – one that is jeopardizing insurance coverage for hundreds of thousands of Americans — has received relatively little attention
Two nonprofit health insurance co-ops that were established under the ACA announced on Friday that they were going out of business for financial reasons. The two organizations in Colorado and Oregon are the latest in a string of eight such coops that have closed their doors in recent months, according to The Hill. That means that only 15 of the original 23 co-ops will remain in business next year – unless of course more decide to fold in the coming weeks.
At the same time, officials of the financially strapped co-ops have complained about receiving low payments from an ACA program called “risk corridors,” which was designed to protect participating insurers against heavy losses in cases where their risk pool is dominated by older and sicker patients requiring costly medical treatment. The Obama administration announced on October 1 that the ACA had collected only enough revenues to provide 12.6 percent of the $2.87 billion that the insurers were seeking.
When “coverage” means several hundred dollars per month, to get a plan which essentially covers nothing outside of one exam per year, and a $2500 deductible, how is that beneficial?
If you’re an insurance company, it’s pretty sweet.
ou’re an insurance company, it’s pretty sweet.
yes, Big Insurance is calling the shots, and congress does nothing to stop them.
Just picked up a generic amoxicillin w/ a booster for $71.25. A GENERIC, mind you. Someone here said it well. Mexico has a drug cartel, and ours is big pharma.
We are going to Mexico for optometry and dental next month.
Had you not emptied your pockets on a rapidly depreciating asset at a grossly inflated price, you wouldn’t need to go to the 3rd world.
When “coverage” means several hundred dollars per month, to get a plan which essentially covers nothing outside of one exam per year, and a $2500 deductible, how is that beneficial?
When I explain this to my Euro relatives, they think I’m joking.
They think we’re funny? We can damn well afford a drone strike to wipe that mirth off their faces!
GET RID OF Obama
CareConduitRun on it, get elected, deep six it. Kill it dead. Drown it. I want fewer conduits between my wallet and the government, period.
Darn you Romney!!
Check Out This Year’s Obamacare Fine: $695
by Associated Press
Health
Oct 19 2015, 9:07 am ET
The math is harsh: The maximum federal penalty for having no health insurance is set to jump to $695, and the Obama administration is being urged to highlight that cold fact to help drive its new pitch for health law sign-ups.
$695 is a good deal less than what most pay in premiums annually for “ObamaCare”.
And that doesn’t include the $3000-$6000 out of pocket deductible before ObamaCare covers anything at all.
The average person is better off getting the $695 fine. An ideal situation for the government…provide no service yet make $695 per person.
The average person is much better off funding their own HSA. Put your money in your own command, not that of the government. Offset the $695 fine with a tax write-off.
But if you’re really sick, since the ACA caps how much insurance companies can charge you relative to the healthy folks, insurance is now available AND a bargain.
Yep…
unless you break something or get ambulance-d to the hosptial.
my friend got airlifted from a race track in CA, Declined the offer, they still took him. $65k bill fore the ride, he had insurance.
If I’m a healthy 25 year old, who doesn’t ever see a doctor, and which “Bronze plan” (lowest monthly cost) would have a several thousand dollar deductible anyway, would I rather pay the $695? Or buy insurance?
I think for a lot, they would rather pay the $695. After all, if they come down with a chronic illness, they can always get insurance later.
the problem RW is the fact that due to this POS law that anyone has to dish out 695 in penalties to begin with is the crux of the problem.
It will be very interesting to see how the young folks like it when they start to realize in greater and greater numbers that this version “socialized” medicine is being paid for by THEM, and not someone else.
ACA sucks! It just gave big insurance co’s tons of new clients and kept the costs high.
why cant we be better than France at this ?
http://www.bloomberg.com/bw/articles/2013-01-03/frances-health-care-system-is-going-broke
http://www.ispor.org/news/articles/November09/tfhcs.asp
From the second article:
“One of the founding principles is that patients have to co-pay a share (about 20% at the origin) of the financial burden. This is the opposite of the NHS doctrine that care should be “free at point of delivery”. Of course, over time, for equity reasons the copayment was reduced. It was almost completely removed from hospital care and about 9 million people with a severe medical condition are exempted.”
And
“Practically all the population (92%) holds a complementary private health insurance contract on top of the public insurance coverage. This two-tier health insurance system with a public basement and a private stage is unique in Europe. These contracts, obtained on an individual basis or through the employer, generally cover the copayment so that, on average, out-of-pocket payments do not exceed 9% of total health expenditures.”
Sounds a bit like the English system, where in addition to the government system, most people who can afford it buy private insurance as well.
Spend enough money, and things look great, until the money runs out.
I used to think that socialized medicine could work in this country, but with the rising rates of obesity, I don’t think it ever will. And it is all because of a lack of self-control. Eat less, exercise more, and your life will get so much better.
But that’s not what the PTB want - look at the $ that BigPharma makes just off of diabetes medication alone . . . they want you sick, but alive, for as long as possible. Cynical I know, but it’s true.
Example: terminal cancer treatment = big-ticket money for the healthcare industry, and you still die at the end.
Great website dollars for doctors (or doc) dot com. You can look up their kickback/commission (total of all big pharma firms compensation). A change in federal law mandated this website.
I agree about those of us who eat healthy 80% of the time, and exercise daily (30 min AM treadmill), should be compensated by lower premiums. We take responsibility for our controllable risk factors.
Our healthcare system has been broken for decades. ACA made it worse. Medical & Dental Tourism is booming. Dental Ins annual caps are a joke. Teeth are part of your body, it should all be inclusive coverage, imho.
We’re using a dental tourism co next month, and also are doing our own due diligence, using dental equip & supply firms, and dental labs. All data points are necessary to land in good hands.
Everybody dies at the end.
I used to think that socialized medicine could work in this country, but with the rising rates of obesity, I don’t think it ever will.
If you buy term life insurance, your premium depends on your health profile. They’ll send out a health tech to take a blood sample, weigh you, take your BP and heart rate, etc. I think healthcare insurance should be the same: the better you take care of yourself the less you pay.
yes! reward smart people. Do this on all levels.
No free college Bernie, but a lot more scholarships for people who work their arse off. City college is almost free, and easy enough to get tuition wavers if you qualify.
Build a few more community colleges.
In other words, you’re against free college, but in favor of free community college.
or keep it like it is, just offer more scholarships to those who deserve it.
CC is almost free now, and free if you qualify based on income.
The public school system is so administration-heavy, I hate to see them take my $$$ and waste it on their pension scams.
“I used to think that socialized medicine could work in this country, but with the rising rates of obesity, I don’t think it ever will.”
Attitudes like that made the morbidly obese Surgeon General Regina Benjamin leave her post after 4 years on the job.
On the bright side, here are some places you can use your SNAP card.
Church’s Chicken
Kentucky Fried Chicken
McDonald’s
Subway
Grandma’s Famous Chicken
Eight Mile Pancake House
Mr. T’s BBQ
Vito’s Pizza
Jack in the Box
Subway
El Pollo Loco
Papa Murphy’s Pizza
KFC
Taco Bell
Pizza Hut
Papa Murphy’s Pizza
Domino’s Pizza
Golden Corral
Southern Cuisine
Rally’s Hamburger
Read more: http://www.city-data.com/forum/politics-other-controversies/1907666-fast-food-restaurants-now-accepting-ebt.html#ixzz3p2THHIgc
Don’t forget Bojangle’s: the greasiest fried chicken on the planet.
Sounds like you want the “nanny state” to micromanage what SNAP card holders eat? If a SNAP person wants Taco Bell, aren’t they just making a choice in the free market? It’s the “invisible hand” reaching for that taco, right?
I’m not the one coming down on fat people here. I’m just showing you where they eat to stay fat.
Comment by WPA
2015-10-19 11:10:22
“I think healthcare insurance should be the same: the better you take care of yourself the less you pay.”
I’m not the one coming down on fat people here. I’m just showing you where they eat to stay fat.
How do you know that that corresponds to restaurants that accept SNAP?
“How do you know that that corresponds to restaurants that accept SNAP?”
Because white liberals in places like Madison Wisconsin and Dumbo N.Y. are racist.
Diversity for thee but not for me.
Here in the real world everyday is a study that is not funded by the government.
we need a soda tax!!
Soda doesn’t quench my thirst, I prefer water.
Pay of the .01% in CA per year not bad
Ms. Marissa A. Mayer , 40
Chief Exec. Officer, Pres and Director 2.14M 17.80M
The only thing she ever did that made money was to sell Yahoo’s stake in Alibaba.
If you think that’s a lot, check out what Nadella made last year at Microsoft. It’s a lot more than that!
And her pay is nowhere near what the .01% make.
“Houses are money pits”
Accountants value land at its purchase price, and gain or loss is recognized at the time of its sale.
The buildings on that land depreciate, they are not “investments.”
They teach this in freshman level Accounting 101. Are loanowners really that stupid?
sure, we all know, not many people have gotten rich off of real estate.
https://www.irvinecompany.com/
Housing my friend. Stick to housing.
Seattle, WA Housing Prices Plummet 19%
http://www.zillow.com/ballard-seattle-wa/home-values/
Using one of the most popular neighborhoods in Seattle to (dis)prove your point, again!
Now if you had said White Center (where, ironically, not a lot of white people actually live), I might be more inclined to believe you.
Does it not make sense housing prices are falling given the tens of millions of excess empty houses out there and falling demand?
US Housing Demand Plummets To 20 Year Low
http://1.bp.blogspot.com/-Cua-3SjC9vc/VCsnCR1fHbI/AAAAAAAAgwU/ZziUYUSlXC4/s1600/MBAOct12014.PNG
http://www.fastcodesign.com/3043731/taco-bell-builds-its-first-shipping-container-store
Hmmmm,
“In October 2015, Taco Bell launched a certified vegan menu.”
I wouldn’t think TB is welcome in what looks like a hipster area.
This doesn’t look like the others at all.
Raw Graphic: Shooting at ZombiCon Festival 1 Dead 4 Injured Fort …
http://www.youtube.com/watch?v=s9SymaYf5ms - 175k - Cached - Similar pages
1 day ago …
Video: Crowd runs after shots fired at ZombiCon … - YouTube
http://www.youtube.com/watch?v=X4-fasiU1Vk - 191k - Cached - Similar pages
1 day ago ..
Aww, that’s nothing! Look at the death toll in Saudi Arabia from this year’s Hajj pilgrimage:
http://www.komonews.com/news/national/Saudi-Arabia-hajj-disaster-death-toll-at-least-2121-334194671.html
U.S. Home Builder Optimism Hits 10-Year High
October’s NAHB Index points to momentum in the housing sector
A sold sign was displayed in the yard of a newly built home in Chapel Hill, N.C., on June 9. ENLARGE
A sold sign was displayed in the yard of a newly built home in Chapel Hill, N.C., on June 9. Photo: Gerry Broome/Associated Press
By Jeffrey Sparshott
Updated Oct. 19, 2015 11:51 a.m. ET
0 COMMENTS
A gauge of home-builder sentiment rose to a 10-year high in October, a sign of momentum for a key sector of the economy.
The National Association of Home Builders housing market index climbed to 64 this month, the trade group said on Monday. A reading over 50 means most builders generally see conditions in the single-family housing market as positive.
U.S. Housing Market Tracker
Where various gauges of housing supply and demand stand
The index stood at 61 in both August and September. Economists surveyed by The Wall Street Journal expected a reading of 62 in October.
The latest reading “suggests robust sentiment among home builders and bodes well for our expectation of further improvement in housing activity during” the remainder of 2015, Blerina Uruci, an economist at Barclays, said in a note to clients.
The index has been positive since mid-2014 and in recent months risen to levels last seen before the housing bubble burst. In October 2005 it registered at 68 but just one year later had plummeted to 31.
“With firm job creation, economic growth and the release of pent-up demand, we expect housing to keep moving forward as we start to close out 2015,” NAHB Chief Economist David Crowe said.
Alongside rising employment, low mortgage rates have helped fuel demand.
With mixed signals from other sectors of the economy, the chances of a Federal Reserve interest-rate increase in 2015 are diminishing. That would help keep mortgage rates at historically low levels.
A 30-year fixed-rate mortgage averaged 3.82% for the week ending Thursday, according to Freddie Mac. That is the 12th straight week below 4%.
Despite a broadly upbeat report, the home builders group cautioned of potential choke points for the industry.
“Our members continue to tell us there are still pockets of softness in some markets across the nation, and that they face challenges regarding the availability of lots and labor,” said NAHB Chairman Tom Woods.
More housing data is due out later this week, including the Commerce Department’s report on housing starts on Tuesday and the National Association of Realtors’ report on existing home sales on Thursday.
“Signals have varied across the different housing indicators that we track over the past few months, but the recent upbeat news on home builder sentiment supports our generally favorable view on conditions in the housing market,” said Daniel Silver, economist at J.P. Morgan Chase.
Oh it was Climate Change, and I thought it was Hillary Clinton and Obama giving Gaddafis weapons in Libya to ISIS.
Kerry: Climate Change a Contributing Factor in Syrian Conflict
by Patrick Goodenough | CNS News | October 19, 2015
Secretary of State John Kerry said Saturday that climate change was a contributing factor in the Syrian civil war, alluding to a study last spring that linked drought-driven urbanization to the conflict that began in 2011.
“It is not a coincidence that immediately prior to the civil war in Syria, the country experienced the worst drought on record,” he said in a speech at the Milan Expo 2015 in Italy.
“As many as 1.5 million people migrated from Syria’s farms into Syria’s cities, and that intensified the political unrest that was beginning to brew,” he continued.
“Now, I’m not telling you that the crisis in Syria was caused by climate change. No, obviously, it wasn’t. It was caused by a brutal dictator who barrel-bombed, starved, tortured, and gassed his own people,” Kerry said.
“But the devastating drought clearly made a bad situation a lot worse.”
Warmists gonna warm.
All that ordinance raining down from our drones heats things up a bit.
Welcome to Climate Change Motors
Climate Change Motors is an excellent choice for your Toyota pickup with anti-aircraft guns or missile batteries mounted in the bed.
Quick and easy financing for many credit types. Bad credit, no credit, and first time Terrorists are welcome.
Every SUV or pickup with anti-aircraft guns or missile batteries mounted in the bed is sold with a 2 year or 24K mile limited warranty included! Since you may be a suicide bomber all loans are short term so you save on interest and have peace of mind that you don’t have to grow old to pay off your vehicle.
Remember, Climate Change Motors is an excellent dealership for your next Toyota SUV or pickup with anti-aircraft guns or missile batteries mounted in the bed.
U.S. probes why ISIS uses Toyota trucks
Chris Woodyard, USA TODAY 2:59 p.m. EDT October 14, 2015
Toyota’s trucks are popular in developing countries — apparently even with the terror group ISIS.
Automotive News says the reports are reaction to an ABC News report that the Treasury Department’s Terror Financing Unit is looking into how ISIS fighters were able to get their hands on so many Toyota vehicles. ISIS is also known as ISIL.
Toyota has long held large market shares in the developing world with its trucks for the same reason they have been popular in the U.S.: reliability and durability. The Hilux, smaller than the Tacoma and Tundra pickups that Toyota sells in the U.S., is a hit in areas where dirt roads and rough terrain prevails — and has been a favorite of military forces.
Toyota pickups with anti-aircraft guns or missile batteries mounted in the bed became a familiar sight during the Libyan civil war in 2011. Public Radio International reported that an industry developed around converting Toyota Land Cruisers or Hilux pickups to military use at one of Tripoli’s technical institutes during the fighting.
http://www.usatoday.com/story/money/cars/driveon/2015/10/09/toyota-isis/73621844/ - 397k -
The globalists are sowing the seeds of their own demise.
http://www.breitbart.com/national-security/2015/10/19/business-insider-far-right-nationalist-parties-make-massive-gains-in-europe/
Breitbart, invariably described as “far right” by the corporate media, is seeing its following explode as more and more people are turning away from the captured oligopoly propaganda organs, aka the MSM.
http://blog.newswhip.com/index.php/2015/10/qa-social-media-director-and-editor-breitbart-news#k7VmV5YfYsxfA821.97
I just wish they would tone down the neocon.
But ISIS generates clicks and rallies the base.
I like their reporting on social and cultural topics.
China’s containerized freight, a far more reliable indicator of the country’s true economic state than its faked official statistics, has collapsed to the worst levels ever.
http://wolfstreet.com/2015/10/19/global-demand-rampant-overcapacity-china-containerized-freight-index-ccfi-collapses-worst-level-ever/
How’s the electricity consumption? I think that’s probably a more direct measure of economic activity in the country.
http://wolfstreet.com/2015/07/23/china-electricity-consumption-growth-drops-to-30-year-low/
Up a bit over 1% for the first half of 2015…lowest in 30 years.
Trump poll numbers hit new highs, while the Oligopoly’s clown car occupants foam with impotent rage.
http://www.businessinsider.com/poll-trump-leads-america
Even Democrat Party activists who have no problem with endemic corruption and sleaze are starting to push back against the DNC’s heavy-handed attempts to ram through Hillary as their Annointed One.
http://www.bloomberg.com/politics/articles/2015-10-16/insurrection-erupts-at-the-democratic-national-committee
Finally, an Uber type app for lottery tickets:
https://jackpocket.com/
The man who should’ve won in 2008, had 95% of the electorate not been stupid.
http://www.zerohedge.com/news/2015-10-19/feds-days-are-numbered-ron-paul-crucial-issue-they-dont-want-talk-about